The Tadawul All Share Index, TASI, rose by 0.3 percent to surge past the 11,785.15 point level in early trade today.
Here’s a wrap of market movements as of 10:30 a.m. Riyadh time:
Saudi Electricity Co. turns to a net profit of SR9.166 billion ($2.4 billion) in the first nine months of 2021.
Petro Rabigh reappoints Ibrahim Al-Buainain as Chairman, Noriaki Takeshita as Deputy Chairman.
Naseej International Trading Co.’s shareholders approve to increase capital to SR211.6 million from SR61.6 million, via a SR150 million rights issue.
Health insurer Bupa Arabia’s shareholders approved the repurchase of 220,000 shares for SR14.28 million, as part of the employees’ long-term incentive plan.
The Saudi Exchange (Tadawul) delists shares of Abdullah A. M. Al-Khodari Sons Co. with symbol 1330 as of the end of November 4.
Batic Investment and Logistics Co. reported net profit of SR348,724 for the first nine months of 2021.
Abdulmohsen Alhokair Group widened net losses to SR123.9 million in the first nine months of 2021.
The National Agricultural Development Co. said a deed was issued to formalise its ownership of Al-Jouf land, which spans an area of 72 million square meters.
Reinsurer Saudi Re’s net income rose 36 percent to SR37.4 million for the first nine months of 2021.
